]]>https://investowish.com/how-do-i-start-investing-in-the-stock-market-as-a-beginner/feed/0how can I open Demat Account with Kotak securitieshttps://investowish.com/how-can-i-open-demat-account-with-kotak-securities/
https://investowish.com/how-can-i-open-demat-account-with-kotak-securities/#respondThu, 17 May 2018 15:43:33 +0000http://investowish.com/?p=1573Open Demat Account with Kotak securities

Kotak securities offers three-in-one account which allows investor to open demat, trading as well as a bank account together with Kotak Mahindra Bank Limited. One can open those account independently or at the same time under one umbrella with a single application form. Using 3 in 1 account client won’t have to manually transfer money to trading account from the bank account. The required funds get credited automatically. So it’s easy to manage. Once your account open you can trade in Equity, IPO, Mutual Fund, ETF, Tax free bonds, Currency Derivatives, Gold ETF etc.

1. Fill online Contact Us form on Kotak Securities web site. Enter your name, phone number, email address, city and submit the form. Once the form submitted, one of Kotak securities representative will contact you.

2. Download the forms from their website, fill in the required details, and submit it to their registered office.

Kotak Securities’s Trading Platforms:

Website Based Trading – A stock treading website which can be accessed though any popular Web Browser. This is the most convenient and popular way to invest with Kotak Securities. Kotak also offers a light weight trading website ‘Xtralite’, which can be used by investors with slow speed internet.

Trading Terminals (KEATProX and FASTLANE) – Kotak offers two different trading terminal based application which are very popular among stock traders. KEATProX is an exe based installable desktop application providing fastest trading experience. FASTLANE is a Java applet based application which gives you a trading terminal kind of experience without any installation on your computer. FASTLANE gives KEATProX like features and the benefits of website based trading as it can be access from anywhere though web browser.

Account Types:

AutoInvest:- AutoInvest is a unique Online Trading Account which provide investment planning in Gold ETFs (Exchange Traded Funds), Equities and Mutual Funds to their customers. Gold ETFs are mutual fund schemes that will invest the money collected from their investors in standard gold bullion.Kotak’s advisor gives the recommendation according to investor’s risk capability and investment plans. Minimum investment of Rs 5000 required for AutoInvest account.

Kotak Gateway:- Kotak Gateway account opens the gateway to a world of investing opportunities for beginners. Kotak Gateway user can trade anywhere, anytime using internet. Kotak also offers call and trade facility. Investor can also trade Currency Derivative using Kotal gateway account.Kotak Securities provide SMS alert, research report, free news and market updates to the account holders. Best feature of Kotak gateway is call and trade facility. Anybody can activate Kotak Gateway account with any amount between Rs 20,000 to 5, 00,000. This can be in form of cash deposit or the value of the shares you buy. Brokerage will be charged based on the account type. For intraday trading brokerage is .06% both sides for less then 25 lakhs and .023% for more then 25 crores.

Kotak Privilege Circle:- Kotak Privilege Circle is the premium investment account offed by Kotak Securities. Along with Kotak Gateway account benefits Kotak provides independent market expertise and support through a dedicated relationship manager and a dedicated customer service desk which provides assistance in opening accounts, handling day-to-day problems, and more. They provides KEAT premium which is an exclusive online tool that lets you monitor what is happening in the market and view your gains and losses in real-time.One can activate Kotak Privilege Circle account with any amount more than Rs. 10,00,000 as margin, by way of cash or stock. For intraday trading brokerage is .06% both sides for less then 25 lakhs and .03% for more then 25 crores.

Kotak Freedom- for Mutual Fund Investments.

Kotak Super Saver- a Flat Brokerage and a Low Margin account.

PMS (Portfolio Management Service)- an account for people who need an expert to help to manage their investments.

1. Free trading is only available in Equity (Cash and F&O) Intraday segment.

2. Customers still have to pay regular brokerage for Equity Delivery, Commodity, and Currency trading. Note that Kotak Securities regular brokerage is extremely high in comparison to discount brokers like Zerodha or ProStocks.

3. This price plan only available for online trading. Call & Trade or using trading desk or trade though dealers are not an option in this plan.

4. The price of this plan is ₹999 per year paid up front.

5. Customers will have to provide margins as per the agreement with Kotak Securities. Unlike most brokers, Kotak doesn’t provide high margins.

6. FIT cannot be used by ODIN Diet clients. The mobile trading app, TradeSmart terminal, and website based trading are available under this plan.

7. In case you rollover your position beyond the day, the trade gets converted into a delivery trade, in which case, the brokerage will be charged. This could cost a trader lot money.

]]>https://investowish.com/zerodha-account-open-online/feed/0What are the initial steps to enter Indian stock market business?https://investowish.com/what-are-the-initial-steps-to-enter-in-indian-stock-market-business/
https://investowish.com/what-are-the-initial-steps-to-enter-in-indian-stock-market-business/#respondTue, 02 Jan 2018 09:07:38 +0000http://investowish.com/?p=601Well, you want to invest in Indian stock market. Yes this is a very good idea if you are an young mind.

A lots of companies are there in India who provide trading and demat account. As a new comer you can choose Zerodha because it is best to use for the beginner.

After getting your account just try to be familiar with their trading platforms​ using which you will do your technical and fundamental analysis about any company.

Try to study thoroughly everyday using your leisure time and learn this stock market, how it works.

Various types of trading method available (intraday trading, very short term investing, short term investing, long term investing) , you follow your one in which you feel comfortable and match to your personality.

My suggestion is don’t try intraday in your 1st year. Go for very short term (1 week to 3 months) or short term investment (3 months to 6 months).

Start with a very small amount of cash in your trading account, even you can start with Rs 5000 or Rs 10,000.

As you grow you can increase your capital with experience.

You can see my previous answers about investment method for more clarification.

Zerodha Coin is a platform where you can buy direct mutual funds online, with no commission passback, directly from asset management companies. Your mutual funds, stocks, currencies, bonds, and more, all in your Demat Account, in one place.

Mutual Funds Investment through a third party distributor:

What most people don’t know about is the concept of trail commissions that is earned by distributor. Every year for as long as you are invested, the distributor keeps earning upto 1.5% of your investment as commission. Since most people who invest into mutual funds do it for longer term, the commission paid as trail can take a big bite of your investment . For example Rs 5000 SIP invested monthly for 25 years, you could end up paying almost Rs 30 Lakhs as commissions, almost 20% of your corpus. (assuming you make 15% p.a compounded returns, paying a modest 1% as upfront and 1% as trail).

Direct Mutual Funds Investing:

Purchasing mutual funds direct would mean investing with the fund house directly without using distributor as intermediary. This would mean a saving of both upfront and trail commission on your investment. To invest directly, you can visit the fund house’s website or office, fill up the form and invest into the fund.